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Stock Market & Financial Investment News

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March 13, 2014
06:10 EDTBRBroadridge, Lombard Risk form strategic alliance
Broadridge Financial Solutions together with Lombard Risk Management announced they have formed a global alliance to address changing industry needs in the collateral management sector. In recent years, several factors such as global regulatory changes, tighter liquidity, a move towards greater transparency and the increasing cost of collateral have prompted firms to rethink their approach to collateral management. In response to these changing market dynamics, this strategic partnership will lead to the creation of powerful Broadridge integrated collateral management offerings, combining Lombard Risk's technology with Broadridge's applications and infrastructure.
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